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#5581 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $-681038
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just look at the pics the last few days on the beaches down here. 84 and they are packed with milliennials.
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Mahomes is not a game manager. Release the Kraken. |
Posts: 81,293
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#5582 | |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
Casino cash: $8070503
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Posts: 48,491
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#5583 |
I'll be back.
Join Date: Nov 2002
Casino cash: $910478
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Oh wow. We're socialists now.
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Chiefs game films |
Posts: 297,065
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#5584 | |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-740901
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They're guaranteeing billions in loans. If the government comes up with a package that offers something similar, that should calm the markets down quite a bit. Give business owners the understanding that they'll have banks that are fully backed by the gov't and thus willing to stand behind them to get through this and they'll calm down a LOT. This initial package that's cleared the House doesn't do that and that's why you've seen little in the way of market response. What we've seen now does nothing but encourage businesses to cut their employees loose. "Well if the gov't is pumping money into unemployment...guess you're on your own. Sorry - keep your contact information up to date..."
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"If there's a god, he's laughing at us.....and our football team..." "When you look at something through rose colored glasses, all the red flags just look like flags." |
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Posts: 66,803
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#5585 | |
Hockey Town
Join Date: Apr 2005
Location: Kansas City, Missouri
Casino cash: $-612950
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Posts: 115,308
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#5586 | |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-740901
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That approach will GET people laid off. You want to prevent layoffs, back loans. And if companies get them but then don't need them, they'll pay 'em back. If they need 'em but the economy comes out as hot as many expect when this passes, they'll recover significant chunks of those losses as things improve and can pay them back over a reasonably short period of time. But you have to give businesses the confidence that there will be banks willing to stand behind them. And to do that you have to signal the banks that the government will stand behind them.
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"If there's a god, he's laughing at us.....and our football team..." "When you look at something through rose colored glasses, all the red flags just look like flags." |
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Posts: 66,803
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#5587 | |
Supporter
Join Date: Sep 2000
Location: Hollywood, CA
Casino cash: $10053648
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We're bound together as a Nation to combat this thing and it's really the first time since the US entered WWII. We've had other tragedies that have affected certain parts of the country in 9/11, school shootings, etc. but those are isolated events that don't effect everyone. We live in the Greatest Nation On Earth. We can get through this together as One. |
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Posts: 88,960
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#5588 |
Supporter
Join Date: Aug 2000
Casino cash: $8028275
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Matching is making the same donation [double TOTAL, when you add together Tyreek and Travis]
Doubling is making twice the donation [triple TOTAL, 1+2]
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We need the kind of courage that can withstand the subtle corruption of the cynics - E.W. |
Posts: 95,642
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#5589 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $-270000
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I'm kicking myself for not re-reading the Plague back in January before I started Soldier of a Great War.
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Chiefs 2016 Opponents: Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT Chiefs 2017 Opponents: Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South |
Posts: 45,226
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#5590 |
The Maintenance Guy
Join Date: Sep 2005
Location: Renovated Bugeater Estate
Casino cash: $3992680
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You're goddamn right. If I want to go for a ride in my Camero at 2am, by god I'm going for a ride in my Camero at 2am.
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Posts: 70,546
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#5591 |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-740901
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So evidently MU Health is forming a plan to create a triage unit at University Hospital for an eventual surge in cases.
My wife is a clinic nurse and eventually you have to believe they'll shut down clinics for all non-emergency cases. In urology that's like...none of 'em. Really, most clinics see very few emergency cases so I suspect if/when this starts to ramp up in mid-mo, we'll see Mizzou shut down clinics and reallocate nurses to critical care triage units. To Dane's point, that's why I see the 'critical care' stats as faulty. They simply aren't considering surge capacity. My wife isn't figured at all in those statistics right now but in the event they close clinics, it will free up dozens of nurses (who were all trained on the floor at one point) to address critical care shortages. We could easily triple our capacity in the span of a few weeks, especially with so many healthcare providers putting together contingencies now. We'll find solutions. We're !@#$ing good at this. {waves flag}
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"If there's a god, he's laughing at us.....and our football team..." "When you look at something through rose colored glasses, all the red flags just look like flags." |
Posts: 66,803
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#5592 | |
Supporter
Join Date: Sep 2000
Location: Hollywood, CA
Casino cash: $10053648
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The POTUS and Mnunchin both said that "Millionaires" won't receive checks and that there will be a cutoff but that most Americans will receive $1,000 dollars to spend at will. Mnuchin didn't clarify but if going by his words, if each American worker is given $1,000 dollars, meaning that two income households receive $2,000 dollars, it should ease some of the unrest. It's a bold move and from my recollection, the first of its kind, which again proves that not only is the country not prepared for a pandemic but that we're facing something completely unprecedented. Let's just hope that we can learn from this situation because I highly doubt this will be the last time. |
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Posts: 88,960
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#5593 | ||
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $-681038
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I see no way to talk about these issues without bringing politics into the discussion. So I’m going to punt on any bailout, stimulus etc. discussion.
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Mahomes is not a game manager. Release the Kraken. |
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Posts: 81,293
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#5594 | |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
Casino cash: $8070503
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Quote:
All that said, since the politicians have adopted the current strategy they see the markets falling another 20%-30% regardless of stimulus since there is no real way to have meaningful commerce for the foreseeable future. They say we would have done better turning off the stock market for a month, focusing on quarantines of the elderly and letting the chips fall with everyone else, 99.5% of whom would get something closer to the flu. They also told me to sell Apple at $100 so WTF do they know, but I thought it was an interesting take even if completely wrong. |
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Posts: 48,491
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#5595 | |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
Casino cash: $-740901
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The key to any dollar spent is not the dollar, right? It's the multiplier effect of that dollar. You give someone a dollar and they save it, it does dick. But if they spend it, it cycles around dozens of times through various consumers before it eventually peters out (as everyone saves a few cents per 'touch'). So if you shut down the economy but give everyone $1,000, they'll...what? Pay the mortgage and buy some groceries. Well the mortgage/rent money will largely stall out as well because it'll go to a bank who will then hold onto it like grim death because the economy is frozen. The grocery money will cycle through a much smaller pool of consumers before it's multiplier peters out because again, people are scared. The answer isn't a direct infusion because it won't multiply well due to the fear from banks/businesses. It just seems wholly politically motivated rather than truly designed to address the problems that will eventually surface on the ground.
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"If there's a god, he's laughing at us.....and our football team..." "When you look at something through rose colored glasses, all the red flags just look like flags." |
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Posts: 66,803
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